Gold, silver prices fall in Pakistan amid global decline

Gold prices fell sharply in Pakistan on Monday, tracking a decline in the international bullion market.

According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold dropped by Rs3,800 per tola, bringing it down to Rs429,736.

The price of 10 grams of gold also declined by Rs3,258 to Rs368,429.

The fall came after gold had gained Rs1,100 per tola on Saturday, when it closed at Rs433,536.

In the international market, bullion prices slipped by $38 per ounce to $4,073, including a premium of $20.

Silver prices also moved lower in the domestic market, with the rate per tola falling by Rs123 to Rs6,339.